Headwaters Foundation Inc

Public charity · Grantmaker Superior, WI EIN: 39-1509730

Our sole mission is to be operated exclusively for charitable, scientific, literacy and education purposes. Catholic Charities Bureau Affiliates are organized to maintain, operate and conduct; directly or indirectly; as well as to assist and coordinate activities and Social Services in accordance with the charitable Works and traditions of the Roman Catholic Church. Works are carried out in accordance with Catholic Social teachings.

Headwaters Foundation Inc at a glance

In short: Headwaters Foundation Inc reported $1K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

Grants paid (2025)
$1,339 — reported as a total on the IRS filing, without an itemized list
-46.4% vs 2024
Total assets
$1,155,685
+13.0% vs 2024
Revenue (2025)
$46,538
-60.2% vs 2024
Net investment income (2025)
$28,008
-71.3% vs 2024
Expenses (2025)
$6,376
+21.4% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated October 2026.

How to apply to Headwaters Foundation Inc

Who Headwaters Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

2<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 3 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Rhinelander

How Headwaters Foundation Inc gives

  • Giving fell 85% from 2020 to 2023. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K1 grant2020 1 grant2021 1 grant2022 1 grant2023 Total only2024 Total only2025

From 2020 to 2025, annual grant giving ranged from $1K (2025) to $180K (2021). In 2025 it reported $1K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Headwaters Inc Rhinelander, WITo provide for continued support of Headwaters, Inc.$27,500
Your AI grants department

Ready to take the next step with Headwaters Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$1,155,685$46,538$6,376$1,339Total only$28,008
2024$1,022,969$116,923$5,254$2,500Total only$97,593
2023$948,566$21,963$100,095$27,5001$8,328
2022$905,445$29,094$41,330$41,1541$10,476
2021$939,776$168,337$180,120$180,0001$9,090
2020$779,431$27,193$186,896$179,2971$7,593

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About Headwaters Foundation Inc

Based on IRS filings

Headwaters Foundation Inc is a public charity, based in Superior, WI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it reported $1K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $28K.

Leadership & Key People

Officers and directors from IRS filings

Headwaters Foundation Inc is led by Steve Agnoli, President since 2023 (on filings since 2021); none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Steve Agnoli

    President

    Board Director → President, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Benjamin Opsal

    Board Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Maureen Parkes

    Board Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Barbara Newman

    Secretary & Treasurer

    Vice President → Secretary & Treasurer, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Michael Carlson

    Vice President

    Secretary & Treasurer → Vice President, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (17)
  • Former: Jeffrey Cummings (2020–2023) — Board Director
  • Former: Michael Debay (2022–2023) — Board Director
  • Former: Karla Jackson (2020–2022) — Secretary
  • Former: Kasha Herrmann-Flanders (2020–2022) — President
  • Former: Peter Otis (2020–2022) — Board Director
  • Former: Alan Rock (2022) — Board Director
  • Former: Nick Cirilli (2022) — Board Director
  • Former: Andy McMillion (2020–2021) — Treasurer
  • Former: Jennifer Felty (2020–2021) — Board Director
  • Former: John Stauner (2020–2021) — Board Director
  • Former: Patrick Marquart (2020–2021) — Board Director
  • Former: Brian Wild (2021) — Board Director
  • Former: Dennis Herrmann (2020) — President
  • Former: Joe Duchac (2020) — Board Director
  • Former: Joseph Brauer (2020) — Board Director
  • Former: Ron Bosi (2020) — Vice President
  • Former: Tom Peterson (2020) — Board Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Headwaters Foundation Inc

How much does Headwaters Foundation Inc give each year?

Headwaters Foundation Inc reported $1K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $3K in grants paid.

How large is Headwaters Foundation Inc?

Headwaters Foundation Inc reported $1.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $47K.

Where does Headwaters Foundation Inc operate?

Headwaters Foundation Inc has awarded grants in Wisconsin.

What is Headwaters Foundation Inc's EIN?

Headwaters Foundation Inc's EIN (Employer Identification Number) is 39-1509730. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS September 28, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS April 9, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS June 25, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Headwaters Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Wisconsin

Inclusa Foundation Inc

Stevens Point, WI

Inclusa Foundation funds Wisconsin nonprofits serving older adults and people with disabilities, especially projects focused on innovation, leadership development, public policy education, and systems change in long-term services and supports. In 2024, grants ranged from $16,000 to $351,608, with a median of $75,000. It has listed open-call grant programs, but the provided information does not state whether it accepts unsolicited requests.

Health

Assets

$224.0M

Grants

21

Total Given

$2.2M

Challenge Center Foundation Inc

Superior, WI

To primarily provide financial support to Challenge Center, a not for profit agency serving people with developmental disabilities. Catholic Charities Bureau Affiliates are organized to maintain, operate and conduct; directly or indirectly; as well as to assist and coordinate activities and Social Services in accordance with the charitable Works and traditions of the Roman Catholic Church. Works are carried out in accordance with Catholic Social teachings.

Assets

$5.1M

Grants

0

Total Given

$123K

Wisconsin State Council Knights of Columbus

Madison, WI

The Wisconsin State Council Knights of Columbus funds disaster relief, programs for people with intellectual disabilities, religious education, and pro-life causes, with reported grants going to Wisconsin recipients. In 2025, grants ranged from $5,340 to $35,319, with a median of $8,884. It lists grant request forms and program-specific applications, indicating it accepts requests.

Assets

$3.9M

Grants

23

Total Given

$251K

George Von Hoffmann Foundation Inc

Chesterfield, MO

The foundation supports preselected charitable organizations across varied causes, including services for children, veterans, people with disabilities, and people facing hardship; most of its 2025 grants went to Missouri organizations. Its 2025 awards ranged from $3,000 to $63,000, with a median of $5,000, and it does not accept unsolicited funding requests.

Assets

$5.0M

Grants

35

Total Given

$381K

Thrivent Charitable Impact & Investing

Appleton, WI

Thrivent Charitable Impact & Investing distributes donor-directed and program donations to a broad range of causes and organizations in local, national, and global communities. Its 2024 grants had a median of $11,520 and ranged from $5,006 to $5 million. The profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$939.7M

Grants

2,565

Total Given

$84.6M

Dane Buy Local Foundation Inc

Madison, WI

Dane Buy Local Foundation supports buy-local education, collaboration, and programs that strengthen locally owned businesses and communities in Dane County and South Central Wisconsin; it also offers scholarships to area high school seniors pursuing post-secondary business or entrepreneurship studies. No typical award amount is stated, and the information does not say whether the Foundation accepts unsolicited funding requests.

Community Improvement & Capacity Building

Assets

$16K

Grants

1

Total Given

$136K

More similar funders

More Funders in Wisconsin

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Headwaters Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Headwaters Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?